The case pertains to an order under Section 9 of the Insolvency and Bankruptcy Code (IBC). VE Commercial Vehicles Ltd is the applicant, and Eagle Corporation Pvt Ltd is the respondent. The order was delivered on April 18, 2022. The IBBI was directed to file a report as per the order dated February 17, 2022, which is still awaited. The case is listed on May 10, 2022.
VE Commercial Vehicles Ltd filed an application against Eagle Corporation Pvt Ltd under Section 9 of the IBC. The National Company Law Tribunal (NCLT), Ahmedabad, Court - 2, heard the matter. The court directed the IBBI to file a report based on an order dated February 17, 2022. As of April 18, 2022, the report was still awaited. The case was listed for further hearing on May 10, 2022. The relevance of these facts is that they outline the initial steps in an insolvency resolution process initiated by an operational creditor against a corporate debtor.
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IBBI was dire…
Order delivered…
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The case pertains to an order under Section 9 of the Insolvency and Bankruptcy Code (IBC). VE Commercial Vehicles Ltd is the applicant, and Eagle Corporation Pvt Ltd is the respondent. The order was delivered on April 18, 2022. The IBBI was directed to file a report as per the order dated February 17, 2022, which is still awaited. The case is listed on May 10, 2022.
VE Commercial Vehicles Ltd filed an application against Eagle Corporation Pvt Ltd under Section 9 of the IBC. The National Company Law Tribunal (NCLT), Ahmedabad, Court - 2, heard the matter. The court directed the IBBI to file a report based on an order dated February 17, 2022. As of April 18, 2022, the report was still awaited. The case was listed for further hearing on May 10, 2022. The relevance of these facts is that they outline the initial steps in an insolvency resolution process initiated by an operational creditor against a corporate debtor.
IBBI was dire…
Order delivered…
Sign in to view related legal provisions.